contingency financial plan

contingency financial plan　应急财务计划　

a contingency is an unexpected event or situation that affects the financial health，professional image，or market share of a company.It is usually a negative event，but can also be an unexpected windfall such as a huge order.Anything that unexpectedly disrupts a company’s expected operation can harm the company even if the disruption is because of a windfall.That is why companies create contingency plans for many possible situations，so company management has a pre-researched plan of action to immediately follow.Some threats usually covered in contingency plans are crisis management，business continuity，asset security，mismanagement and reorganization.